Manufacturers of transcutaneous electrical nerve stimulation (TENS) devices, which provide electric currents to the nerves to stimulate them for therapeutic purposes, have experienced a significant threat to revenue growth during the past five years. A 2012 Medicare decision to eliminate coverage of industry devices prescribed for chronic lower back pain dealt a severe blow to the industry, which relies on Medicare for a significant portion of its funding. As a result of this change, industry growth slowed considerably and is expected to remain subdued during the next five years. Average industry profit margins have fallen slightly during the five years to 2016, as companies have struggled to adjust to the changes in Medicare coverage and the imposition of a 2.3% medical device excise tax. However, profit margins will likely remain steady during the five years to 2021, due to industry costs stabilizing during this period.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

About this Industry

Industry at a Glance

Table Key Statistics Snapshot

Table Revenue vs. employment growth

Table Products and services segmentation (2016)

Table Industry Structure

Industry Performance

Table Number of physician visits

Table Revenue vs. exports

Table Life Cycle Stage

Products & Markets

Table KEY BUYING INDUSTRIES

Table KEY SELLING INDUSTRIES

Table Products and services segmentation (2016)

Table Major market segmentation (2016)

Table Industry trade balance

Table Exports To

Table Business Locations 2016

Table Distribution of establishments vs. population

Competitive Landscape

Table Sector vs. Industry Costs

Table Barriers to Entry checklist

Table Trade Globalization

Major Companies

Operating Conditions

Table Capital intensity

Table Tools of the Trade: Growth Strategies for Success

Table Volatility vs Growth

Key Statistics

Table Industry Data

Table Annual Change

Table Key Ratios

Jargon & Glossary

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